Zcash, Bitcoin Cash, Cardano Rally as ZEC Leads With a 47% Surge

Zcash Extends Its 2026 Breakout

Multiple altcoins rallied over the past 24 hours, with privacy coin zcash (ZEC) leading the roost, up 47.1% to $836 before retreating slightly and settling near the $810 range. Similarly, bitcoin cash (BCH) gained 31.4% to $299.49 in the same window.

Zcash has become this year’s standout performer, with a privacy push and certain exchange-traded fund (ETF) developments driving a 13% climb on August 21 alone, pushing the token to an intraday high of $663 and its market capitalization toward $10.8 billion.

Grayscale’s push to convert its Zcash Trust into a spot exchange-traded fund (ETF), which would make it the first privacy coin ETF in the United States, has been a recurring catalyst behind the rally.

Zcash’s run has not been without turbulence because as Bitcoin.com News reported earlier this month, the asset touched $686 before a wave of coordinated selling triggered $28 million in liquidations.

Bitcoin Cash, Cardano, and Dogecoin Join the Move

The rally was not confined to privacy coins as cardano ($ADA) advanced 19.0% to $0.2563, and dogecoin (DOGE) and whitebit token (WBT) each gained 17.7%. Stellar (XLM) climbed 16.2%, chainlink (LINK) advanced 13.3%, and hyperliquid (HYPE) rose 11.9% to $81.50.